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Problems 1 . Nervous Nellie a major transportation public company is the target of an unwanted hostile bid from a competitor. Nervous Nellie has a

Problems1. Nervous Nellie a major transportation public company is the target of an unwanted hostile bid from a competitor. Nervous Nellie has a major distribution hub just north of the Mexican border - it is this crown jewel that the competitor is really after! Nervous Nellie has no pre-bid takeover defenses in place. Advise the board of Nervous Nellie on how they might thwart this hostile bid?

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